REDUCED $850,000 FOR IMMEDIATE SALE!
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
REDUCED $850,000 FOR IMMEDIATE SALE!
2 Industrial Properties Offered at $9,426,175 CAD in Inglewood, CA
Investment Highlights
- Minutes to LAX - "perfect" location West of the 405
- One Tenant is MTM - immediate flexibility for an owner/user and/or massive, immediate upside for an investor
- 5% CAP NOW. 5.7% CAP IN 9 MONTHS!
- Only 1 block from new LAX Intermodal Transportation Facility
- 2 APNs, 2 tenants
Executive Summary
PRICED TO SELL AT A 5% CAP NNN. "2025" CAP RATE WILL BE 5.7%.
HIGH FUNCTIONALITY AND OBVIOUS LOGISTICAL STRENGTHS THAT CANNOT BE REPLICATED IN OTHER BUILDINGS. OR IN OTHER GREATER LA SUBMARKETS.
One of the most sought-after locations in Greater LA, for industrial tenants, particularly logistics, auto body and supporting services for the aircraft and rental car industries, situated perfectly between the 405 Fwy. and LAX.
A block from the NEW, "future entrance to LAX", aka the $6B Intermodal Transportation Facility - a 3MM sq. ft. hub of parking, rental cars, concessions and access to-and-from LAX's 9 aircraft terminals. Once fully operational, travelers will enter and exit LAX through this facility - riding a tram along Century Blvd., to-and-from the terminal buildings.
519 S. Hindry aka 5 Star Doggie Inn (7,762 sq. ft. on a 11,471 sq. ft. lot):
A build-out of warehouse, boarding and office with a secured, rear yard and ample parking in front. Currently paying $13,200 per month. THIS TENANT IS ON A MONTH-MONTH RENTAL AGREEMENT. Immediate flexibility for a Buyer. Market rent estimated at $14,500 per month.
523 S. Hindry aka Auto Body Pros (7,174 sq. ft. on a 13,141 sq. ft. lot):
A large warehouse-type structure, with a newer roof, housing an auto repair and body shop. And 2 PERMITTED SPRAY BOOTHS ALSO - RARE AND HARD TO ESTABLISH, IF YOU WERE A NEW TENANT IN LA. This amenity has significant inherent value. Currently paying $13,978 per month. Market rent estimated at $17,250 per month - this lease jumps to "market" May 2025.
Current NNN income $326,136 per year. Market NNN income May 2025 could be $381,000!
Just Reduced $850,000.
PRICED TO SELL AT $6,650,000.
HIGH FUNCTIONALITY AND OBVIOUS LOGISTICAL STRENGTHS THAT CANNOT BE REPLICATED IN OTHER BUILDINGS. OR IN OTHER GREATER LA SUBMARKETS.
One of the most sought-after locations in Greater LA, for industrial tenants, particularly logistics, auto body and supporting services for the aircraft and rental car industries, situated perfectly between the 405 Fwy. and LAX.
A block from the NEW, "future entrance to LAX", aka the $6B Intermodal Transportation Facility - a 3MM sq. ft. hub of parking, rental cars, concessions and access to-and-from LAX's 9 aircraft terminals. Once fully operational, travelers will enter and exit LAX through this facility - riding a tram along Century Blvd., to-and-from the terminal buildings.
519 S. Hindry aka 5 Star Doggie Inn (7,762 sq. ft. on a 11,471 sq. ft. lot):
A build-out of warehouse, boarding and office with a secured, rear yard and ample parking in front. Currently paying $13,200 per month. THIS TENANT IS ON A MONTH-MONTH RENTAL AGREEMENT. Immediate flexibility for a Buyer. Market rent estimated at $14,500 per month.
523 S. Hindry aka Auto Body Pros (7,174 sq. ft. on a 13,141 sq. ft. lot):
A large warehouse-type structure, with a newer roof, housing an auto repair and body shop. And 2 PERMITTED SPRAY BOOTHS ALSO - RARE AND HARD TO ESTABLISH, IF YOU WERE A NEW TENANT IN LA. This amenity has significant inherent value. Currently paying $13,978 per month. Market rent estimated at $17,250 per month - this lease jumps to "market" May 2025.
Current NNN income $326,136 per year. Market NNN income May 2025 could be $381,000!
Just Reduced $850,000.
PRICED TO SELL AT $6,650,000.
Property Facts
Price | $9,426,175 CAD | Number of Properties | 2 |
Price / SF | $629.50 CAD / SF | Individually For Sale | 0 |
Cap Rate | 4.90% | Total Building Size | 14,974 SF |
Sale Type | Investment NNN | Total Land Area | 0.87 AC |
Status | Active |
Price | $9,426,175 CAD |
Price / SF | $629.50 CAD / SF |
Cap Rate | 4.90% |
Sale Type | Investment NNN |
Status | Active |
Number of Properties | 2 |
Individually For Sale | 0 |
Total Building Size | 14,974 SF |
Total Land Area | 0.87 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
523 S Hindry Ave, Inglewood, CA 90301 | Industrial | 7,174 SF | 1951 | - |
519 S Hindry Ave, Inglewood, CA 90301 | Industrial | 7,800 SF | 1960 | - |
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
REDUCED $850,000 FOR IMMEDIATE SALE!
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.